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Updated about 4 years ago on . Most recent reply

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16
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Nito Kunda
2
Votes |
16
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How to create a Business Structure

Nito Kunda
Posted

Hello Family, 

I am pretty new so  I need your advice when it comes to building a proper business structure.

I would like to do it right from the beginning before starting to escalate and growing so I won't born out!

I have watch a lot of webinar and suggestions online but I still a little confuse. Many are recommending to have a Corp business as real estate to protect your asset.

In my case, I don't want do only Real Estate, but I also want to do Internet Marketing, Maybe later some Repair Apartment/House and Management in the future. 

My problem I don't know how to setup the business. The idea is to create a company with Umbrella structure. The main company would be called example Johnson Empire Corporate, and under this main company I want to have Johnson Real Estate Investment, Johnson House maintenance, Johnson Internet Marketing, and many more.

Is there a way to do that? and when it comes to registration and  paying taxes, I will be paying only to the main name Johnson Empire Corporate or with the rest?

Who you suggest I might see, Finance Advisor, a Tax advisor, an attorney, a real estate advisor or investor advisor?

If it was in your case, how would you structure them?

Thank you in advance for all your answers

Most Popular Reply

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2,335
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Bill Hampton
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
879
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2,335
Posts
Bill Hampton
  • Tax Strategist, Financial Planner and Real Estate Investor
  • Atlanta, GA
Replied

Nito,

I recommend speaking to your tax accountant and attorney to discuss your situation. 

You will need multiple LLCs if you want to run multiple businesses.

Good luck and let me know if you have any questions. 

  • Bill Hampton
  • 404-482-3170
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Hampton Tax and Financial Services, LLC.
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